Galvin Gaustad & Stein LLC Takes $295,000 Position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ)

Galvin Gaustad & Stein LLC acquired a new position in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 3,000 shares of the company’s stock, valued at approximately $295,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in XMHQ. LPL Financial LLC boosted its holdings in shares of Invesco S&P MidCap Quality ETF by 7.7% in the third quarter. LPL Financial LLC now owns 4,960,121 shares of the company’s stock worth $508,809,000 after acquiring an additional 356,196 shares during the period. Stifel Financial Corp lifted its holdings in Invesco S&P MidCap Quality ETF by 8.0% during the 3rd quarter. Stifel Financial Corp now owns 1,668,901 shares of the company’s stock worth $171,196,000 after purchasing an additional 124,140 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Invesco S&P MidCap Quality ETF by 10.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,245,697 shares of the company’s stock worth $120,869,000 after purchasing an additional 120,084 shares during the period. Benjamin Edwards Inc. grew its holdings in Invesco S&P MidCap Quality ETF by 2,305.0% during the 3rd quarter. Benjamin Edwards Inc. now owns 1,122,759 shares of the company’s stock valued at $115,172,000 after buying an additional 1,076,075 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its position in shares of Invesco S&P MidCap Quality ETF by 1.6% during the third quarter. Commonwealth Equity Services LLC now owns 1,117,887 shares of the company’s stock valued at $114,673,000 after buying an additional 17,488 shares during the period.

Invesco S&P MidCap Quality ETF Trading Up 0.2 %

Shares of Invesco S&P MidCap Quality ETF stock opened at $104.04 on Friday. The company’s 50-day moving average price is $103.09 and its 200-day moving average price is $101.36. The company has a market cap of $4.66 billion, a price-to-earnings ratio of 16.29 and a beta of 1.15. Invesco S&P MidCap Quality ETF has a 12-month low of $90.04 and a 12-month high of $110.61.

Invesco S&P MidCap Quality ETF Company Profile

The Invesco S&P MidCap Quality ETF (XMHQ) is an exchange-traded fund that is based on the S&P MidCap 400 Quality index. The fund tracks the S&P mid-cap 400 Quality Index, which screens stocks based on fundamental factors and weights them using a multi-factor approach. XMHQ was launched on Dec 1, 2006 and is managed by Invesco.